Active

409 W Northern Lights Boulevard

Anchorage AK, 99503

$2,350,000


$165.49 per sqft

Active

10 Beds

12 Baths

14,200 sqft

Multi-family

Built in 1964

Listed by Andrew Ingram with Jack White Commercial

Excellent cash flow from long-term tenants at this AAA location mixed-use investment. The property includes retail, office, shop, and 2nd-floor residential units-newly remodeled with strong lease history and meticulous maintenance. Vacant lot included currently used for snow storage. Priced to sell at $2.35M (8.4% Cap Rate). Please don' disturb tenants, see package attached. Financials available.

24-14671

MLS ID

December 4, 2024

Listed

December 5, 2024

Updated

Map

409 W Northern Lights Boulevard
Anchorage AK, 99503

Interior Features

Bedrooms

10


Total Bathrooms

12


Full Bathrooms

10


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.74 Acres


Sewer

Public Sewer

School Information

High School

West Anchorage


Elementary School

North Star

Other Property Details

Area Name

1A - Anchorage Municipality


Garage

Yes


Garage Spaces

2


View

No


Water Source

Public


Pool

No


Zoning

B3

Listing Contact:  

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 12/5/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Alaska Multiple Listing Service, Inc. (AK MLS) all rights reserved.

Data last updated on 12/5/2024 at 7:48 PM UTC

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